@Anonymous wrote:
Yeah I'm not sure how it works either, I asked Discover for a cli 2 days ago. They gave me $500.... from 3000 to 3500. Which I didnt understand because I have 4-5 cards with 10k+ limits and 2 cards at 20k+ and nfcu cloc 15k. I doubt it's due to it being a joint account with my wife. Both of our scores are 730+ and decent income. Might not have enough usage?
As I said in my previous reply, usage is a non-factor. Many people have received large Discover CLIs with little to no usage. More likely in your case Discover doesn't want to "compete" with your other higher limits. They like to be Number One in your wallet and many have reported them stalling out on the CLIs if they feel they're not in a place to compete with larger limits. This is one of the reasons why if someone only has a couple of cards or gets Discover first that they seem to have better than average success with CLIs.
ITD, while my file wasn't "thin" when I first got Discover, I only had one other CC at the time with a $3000 limit... so Discover was one of my first cards and they threw me a $12,500 limit out of the gate which was pretty strong. I did have a previous $10k limit on my CR from a closed account though, so they could see that I had a decent limit in the past. While I did pick up a few other cards at the same time I did Discover, they all for the most part grew at similar rates. I'm still open to the idea that one may get bucketed with Discover early on and perhaps based on my circumstances when approved they've always had me in a favorable bucket. Also, even though I had around a 730 score at the time of approval, I did have 4 dirty accounts on my CR (up to 120 days late), which is worth noting.
